[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.07.01 09:57
• [Romania's 700MWh energy storage has been finalized]
• Romanian power giant Electrica announced that it has obtained 17 grid connected energy storage projects with a total capacity of 700MWh. China's energy storage industry chain welcomes new opportunities for going global.Editor/Gao Xue

• 2026.07.01 09:55
• [China firmly ranks in the top tier of clean energy]
• On June 24, 2026, at the Clean Energy Chain Conference of the Chain Expo, it was pointed out that China's energy industry has steadily ranked among the top tier of global clean energy, and the supporting facilities and equipment of the entire chain have achieved phased results.Editor/Gao Xue